Wood PLC Faces Potential $400 Million Capital Raise, Analyst Predicts

In a recent analysis, Kepler Cheuvreux has indicated that Wood PLC, the international engineering and consulting services company, may be compelled to undertake a substantial capital raise amounting to approximately $400 million. This projection arises amidst a backdrop of heightened financial scrutiny and a challenging market landscape for the firms operating within the energy sector.

Continue reading